AAPL Aug 2024 200.000 call
| Previous close | 4.2200 |
| Open | 4.2000 |
| Bid | 3.0500 |
| Ask | 3.1500 |
| Strike | 200.00 |
| Expiry date | 2024-08-16 |
| Day's range | 3.0200 - 4.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 26.56k |
Yahoo FinanceDOJ widens antitrust crackdown as it seeks a breakup of Live Nation
Prosecutors argue Live Nation used its Ticketmaster ticketing monopoly to suppress competition, the latest in several actions to rein in the power of big corporations across America.
- Yahoo Finance Video
Apple is a 'sleeper AI play': Strategist
Nvidia (NVDA) shares are rising in extended-hours trading after the chip giant topped first quarter earnings estimates and announced a 10-for-1 stock split. Public Ventures President and Chief Market Strategist Lou Basenese joins Asking for a Trend to break down the earnings and analyze how long the company can keep up the momentum. Despite beating Wall Street's expectations, Basenese highlights that the magnitude of Nvidia's beat is the smallest it has ever been, at about 8%. He warns, "Expectations at some point are going to get too far ahead of what Nvidia can deliver, but it's not yet." "I think it's the leading candidate to be the next $3 trillion market cap company, but if I had a dollar to put to work today and I want to 10x it, it's not Nvidia. It's probably in the smaller cap side of the market," he adds, saying that of the "Magnificent Seven," Alphabet (GOOG, GOOGL) is the most "reasonably valued." Basenese calls Nvidia's stock split a "brilliant move psychologically," as buying a stock at a lower price is more enticing. He adds that it does not change any of Nvidia's fundamental metrics or value calculations. For investors looking to get in on the AI sector, Basenese highlights Microsoft's (MSFT) ability to push AI products onto the market to create demand. He also points to Apple (AAPL) as "the sleeper AI play." "Apple is kind of perceived as they missed the boat ... they're never first or second to market. They come in later, but then they go. They come in late, but they end up being the leader." He adds, "They have two billion active devices in use. If they just iterate and add a little AI somewhere, it has a magnified impact." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
Investor's Business DailyMagnificent Seven Stocks: Nvidia Stock Soars 10% On Earnings; Apple, Tesla Slide
Nvidia stock surged 10% Thursday after the company's earnings report late Wednesday. Apple and Tesla dropped.
